October 29, 2014 8:55 AM | 1 min read
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
In a report published Wednesday, Deutsche Bank analyst Jonathan Arnold upgraded the rating on
PG&E Corporation (NYSE: PCG) from Hold to Buy, and raised the price target from $49.50 to $52.00.In the report, Deutsche Bank noted, “PCG reported 3Q14 operating EPS of $1.73 versus our $1.21E and $1.12 consensus. Versus our estimate, lower taxes related to new IRS guidelines on repair deductions similar to what EIX has seen (+$0.18), timing-related tax and other expenses (+$0.17), GRC-related recoveries (+$0.05), and miscellaneous positives (+$0.08) were the drivers of the upside. The repair deduction benefit was triggered by the General Rate Case (GRC) decision during Q3 and is expected to continue (at some level) through the current rate period (2014-16).”PG&E Corporation closed on Tuesday at $47.52.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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